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Truck Purchase Opinions, Please!

Discussion in 'Trucks and Trailers' started by Howie's Lawn Care, Nov 24, 2005.

  1. Howie's Lawn Care

    Howie's Lawn Care LawnSite Senior Member
    Posts: 512

    Hey guys,
    I bought a 2000 Ford Ranger in September, 2005 and got it at $6600.00. The private party value is $8200.00 and trade in is $6300.00. My payoff is $6313.00. A local dealer has a 1999 Ford F-250 for sale at $8995.00. The dealer told me they would give me $6300.00 on my trade. I can almost certainly get the dealer to $8500.00. Let me know if you think the deal is good after viewing this comparison.

    1999 Ford F-250 XLT
    135,000 Miles
    5.4L V8
    Regular Cab, Long Bed
    4 Wheel Dr
    Fiberglass Bed Shell
    Towing Package
    Alloy Wheels
    Automatic Transmission
    Power Everything, Cruise, Tilt, CD Player
    Carpeted Bed
    Running Floor Board
    Dual Exhaust (sounds pretty cool)
    Excellent Tires
    Excellent Interior and Exterior

    2000 Ford Ranger XLT
    104,500 Miles
    4.0L V6
    SuperCab, Short Bed
    $ Wheel Dr
    Towing Package
    Alloy Wheels
    Automatic Transmission
    Power Everything, Cruise, Tilt, Cd Player (one window bounces as going down, right power lock does not work)
    Tonno Cover
    Needs new tires in spring (2 cupped, 2 low tread)
    Multiple dings on exterior (paint chips and on medium dent)
    Stain on driver seat and ripped seat covers (hard to find right size, original fabric very ugly)

    I definetly like the way the F-250 drove and its lack of visual defects. Mileage is the only problem. The F-250 has got some balls for sure. My insurance will also be $225.00 cheaper per year. I also get a $200.00 Wal-Mart gift certificate with any purchase from the dealer on a pre-owned. Can you say 20 pairs of discounted sweatpants? Me neither. What do you guys think? Thanks for any thoughts and opinions you may have. Have fun with the snow and cash money it brings.
  2. Lawnworks

    Lawnworks LawnSite Fanatic
    from usa
    Posts: 5,407

    Why do you need the 250? plowing? It looks like the ranger would be plenty to pull your equipment.
  3. lawnboy dan

    lawnboy dan LawnSite Gold Member
    Posts: 3,712

    i agree -unless you really need a bigger truck -the ranger should serve you well.
  4. lawnmaniac883

    lawnmaniac883 LawnSite Silver Member
    Posts: 2,613

    If you really need the bigger truck, go for it. That sounds like a fair deal.
  5. Az Gardener

    Az Gardener LawnSite Gold Member
    Posts: 3,899

    Here is an equation I use for truck purchases

    Divide the trouble free miles you can expect to get out of the vehicle by the cost of the vehicle

    For example my ford new(in 00) 145,000 trouble free miles (so far) divided by the 20,000 I paid for it = 14.3 cents per mile

    Your ford maybe 10,000 more trouble free miles for 8,500 that comes out to 85 cents per mile.

    I have never found a used vehicle that was cheap enough to warrant buying over new. The numbers never lie. Yes there are other variables like insurance etc. but they are just that, variables. Different for everyone, the only constant is the cost of the vehicle and the mileage you get out of it. Go look at a new Ford they have some good incentives and a good tax deduction if you buy a big enough vehicle. Talk to your tax guy.
  6. Jpocket

    Jpocket LawnSite Silver Member
    Posts: 2,278

    Why are you dealing in such high mileage stuff, that's too much for 135,000miles. A good deal if it had say 80,000 miles. I wouldn't pay more than $6,000 for that truck, but you'll never get it for that because it's the latest body style.
  7. Howie's Lawn Care

    Howie's Lawn Care LawnSite Senior Member
    Posts: 512

    I was thinking I could put a plow on it next winter. I'm pretty sure I will have it paid off by next fall. I could use it for a plow truck and then purchase a new F-250. I like everything about it much more except for the miles. Are the miles that horrible. I go to school, so I'm not driving to work every day and putting tons of miles on it. Does anybody agree with this deal?
  8. Lawnworks

    Lawnworks LawnSite Fanatic
    from usa
    Posts: 5,407

    I would keep the Ranger buy a bigger truck when you need it.
  9. topdog

    topdog LawnSite Member
    from indiana
    Posts: 205

    i would buy a snow plow to put on the ranger....brand new around 3-4k installed. try to make some money from it first. then upgrade your truck.
  10. Travis Followell

    Travis Followell LawnSite Silver Member
    from KY
    Posts: 2,207

    If you like the truck that much then I say get it. It sounds like a fair deal to me. You should be able to put a lot more 10,000 miles on it before you have any problems.

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